157 Monahan Drive
Fort Walton Beach, FL 32547
MLS# 1002197
7 beds | 6 baths | 3205 sqft
Property DescriptionRetreat to this exceptional and rare waterfront property. Enjoy sunset views from the 2 story dock, second floor balcony, expansive back patio or on 98 ft of lush landscaping showcasing unobstructed coastal views.
Creative and lucrative investment possibilities with flexible layouts, lock out suites, enjoyable upscale primary retreat or idyllic multi generational living. Currently a successful Airbnb with proven rental history.
Features: 2 story dock with boat lift, 98 ft waterfront, multiple water views from interior, expansive back patio, hot tub, stylish interior design, multiple lock out suites, generous parking, generator, large granite island, open entertaining space, commercial refrigerator, game room, 2 laundry areas, 3 kitchenettes and large modern kitchen in the primary
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Sub-Type: Detached Single Family
Design: Southern
SqFt Source: County PA Records
Immediate Occupancy: Yes
Garage: No
Carport: No
Driveway Spaces: 6
Apx SqFt(Htd/Cooled): 3205
Bedrooms: 7
Full Baths: 6
Total Bathrooms: 6
# Stories: 2
Year Built: 1969
Listing Board: Emerald Coast
List Price/SqFt: 390.02
List Date: 2026-05-04
Current Price: $1,250,000
Sub Area: 1206 - Ocean City
Elementary School: Wright
Middle School: Pryor
High School: Choctawhatchee
Legal Description: Bella Vista S/D Lot 23 Blk 3
Homestead: No
Is Subject Leased: No
Assessment Fees: No
New Buyer Fee: No
Brokerage Interest: No Interest
As Is: No
Remarks: Retreat to this exceptional and rare waterfront property. Enjoy sunset views from the 2 story dock, second floor balcony, expansive back patio or on 98 ft of lush landscaping showcasing unobstructed coastal views.
Creative and lucrative investment possibilities with flexible layouts, lock out suites, enjoyable upscale primary retreat or idyllic multi generational living. Currently a successful Airbnb with proven rental history.
Features: 2 story dock with boat lift, 98 ft waterfront, multiple water views from interior, expansive back patio, hot tub, stylish interior design, multiple lock out suites, generous parking, generator, large granite island, open entertaining space, commercial refrigerator, game room, 2 laundry areas, 3 kitchenettes and large modern kitchen in the primary, Truly have it all with this incredible property! It's easy to appreciate the versatility this home provides. Whether you'd like the space for your large family, need space from your large family with the separate lock out suites or enjoy part of the home while making income on the rest. Currently it's a rental income machine.
The views are spectacular from so many areas of the house. Enjoy sunsets on the back patio, 2 story deck, 2nd floor balcony or kick up feet on the expansive lawn. Whether you stay and live the dream on the water or you use it to fund your other dreams, its perfect! Make it yours!
Bayou: 1
Waterfront Feet: 98
County Road: 1
Paved Road: 1
Bulkhead/Seawall: 1
Flood Insurance Req: 1
Electric: 1
Public Sewer: 1
Fenced Lot-Part: 1
Guest Quarters: 1
Patio Open: 1
Rain Gutter: 1
Floor Laminate: 1
Floor Tile: 1
Furnished - All: 1
Guest Quarters: 1
Kitchen Island: 1
Washer/Dryer Hookup: 1
Microwave: 1
Refrigerator W/IceMk: 1
Security System: 1
Smoke Detector: 1
Stove/Oven Electric: 1
Washer: 1
AC - 2 or More: 1
Ceiling Fans: 1
Double Pane Windows: 1
Insulated Doors: 1
MBed First Floor: 1
MBed Waterfront: 1
Full Bathroom: 1
Kitchen: 1
Living Room: 1
Master Bathroom: 1
Master Bedroom: 1
Separate Apartment: 1
Area: 12 - Fort Walton Beach
Street #: 157
Street Name: Monahan
Street Suffix: Drive
County: Okaloosa
Project Name/Subdivision: BELLA VISTA
Parcel ID: 12-2S-24-0210-0003-0230
Construction Status: Construction Complete
Lot Features: Bulkhead/Seawall; Flood Insurance Req
Zoning: Resid Multi-Family
Exterior: Balcony; Boat Slip; Boatlift; Dock; Fenced Lot-Part; Guest Quarters; Patio Open; Rain Gutter; Sprinkler System
Interior: Floor Laminate; Floor Tile; Furnished - All; Guest Quarters; Kitchen Island; Washer/Dryer Hookup
Appliances: Dishwasher; Disposal; Dryer; Freezer; Microwave; Refrigerator W/IceMk; Security System; Smoke Detector; Stove/Oven Electric; Washer
Utilities: Electric; Public Sewer; Public Water
Energy: AC - 2 or More; Ceiling Fans; Double Pane Windows; Insulated Doors; Water Heater - Elect
Rooms: Bedroom; Family Room; Full Bathroom; Kitchen; Living Room; Master Bathroom; Master Bedroom; Separate Apartment
Financing: Conventional; FHA; VA
| Room Name | Level | Dimensions | Length | Width | Remarks |
| Separate Apartment | First | 20.33 x 12 | 20.33 | 12.00 | |
| Separate Apartment | First | 20.33 x 12 | 20.33 | 12.00 | |
| Separate Apartment | Second | 24 x 14.42 | 24.00 | 14.42 | has a brand new deck with great views |
| Family Room | First | 17 x 10.83 | 17.00 | 10.83 | |
| Full Bathroom | First | 9.75 x 6.5 | 9.75 | 6.50 | bathroom off of living/kitchen |
| Bedroom | First | 11.25 x 11.25 | 11.25 | 11.25 | |
| Bedroom | First | 11.25 x 11.83 | 11.25 | 11.83 | |
| Master Bedroom | First | 19.25 x 14.42 | 19.25 | 14.42 | |
| Master Bathroom | First | 8.5 x 5.33 | 8.50 | 5.33 | |
| Full Bathroom | First | 8.58 x 5.58 | 8.58 | 5.58 | in bedroom 3 |
| Bedroom | First | 14 x 11.9 | 14.00 | 11.90 | Bedroom 3 |
| Living Room | First | 24.67 x 16.5 | 24.67 | 16.50 | |
| Kitchen | First | 24.67 x 11.5 | 24.67 | 11.50 | |
Last Updated: May - 08 - 2026
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